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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?

To: Andrew N. Cothran who wrote (95088)	3/2/2001 11:57:31 AM
From: Uncle Frank	Read Replies (1) \| Respond to of 152472

Good trade, Andrew. You came within 1/8th of catching the high of the day. uf

To: Andrew N. Cothran who wrote (95088)	3/2/2001 12:11:36 PM
From: Kayaker	Read Replies (1) \| Respond to of 152472

Can't afford to have them called. The capital gains tax would be too great for me to bear. I've tried this and have found (for me) that it's not worth the anxiety. If I'm not willing to let the shares go, I don't short the calls. It's more of a "problem" with QCOM since we're "vulnerable" to a major announcement at any time, such as a NOK deal on WCDMA, or a formal Nextel announcement that they are going 1x, or AT&T seeing the light, or a European carrier going 1x or 1xEV. One could also make a reasonable case that the Nasdaq has bottomed, or is close to it (for now) and we'll have a runup to the March Fed meeting. The excellent QCOM analyst meeting presentation is something to think about as well. Just my 2¢.

To: Andrew N. Cothran who wrote (95088)	3/2/2001 10:44:32 PM
From: alanrs	Read Replies (7) \| Respond to of 152472

OT I've been playing with options for about 6 months now-totally by the seat of my pants- and for a while buying LEAPS was successful, and then selling covered calls and watching them expire worthless was working. Now I find that the premium on covered calls is so small at a strike price I would not mind loosing the underlying stock that it's not worth it. However, LEAPS again look very reasonable, especially QCOM 03's @100 (.VLMAT) and NTAP 03's @ 80 (.OHNAP). Looks like it's time to buy these. Any opinions from the various options dabblers? Does anyone know of a chart site that allows one to graphically compare the options price and the underlying security?